In collaboration with the financial industry, DTCC is evaluating a potential role in providing banks with a Fundamental Review of the Trading Book (FRTB) real-price data service. FRTB overhauls the current Basel 2.5 market risk capital framework, which requires banks to demonstrate that risk factors used in their capital model meet "real" price observability standards.

"DTCC DataPro was created in response to growing client demand for access to consolidated views of their own trading data, as well as aggregated and anonymized market data sourced from DTCC’s processing and data engines," said Dan Magarino, Executive Director, DTCC DataPro. "It uses source data to provide market insights to clients for use in a variety of different ways, including gaining a more holistic view of their own activity, comparing their activity to market benchmarks, helping to comply with the myriad of new regulatory requirements, helping to optimize their use of capital and to better manage risk."

About DTCC

With over 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities, data centers and offices in 16 countries, DTCC, through its subsidiaries, automates, centralizes and standardizes the post-trade processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers worldwide. Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management and information services across asset classes, bringing increased security and soundness to the financial markets. In 2015, DTCC’s subsidiaries processed securities transactions valued at more than US$1.5 quadrillion. Its depository provides custody and asset servicing for securities issues from over 130 countries and territories valued at US$45.4 trillion. DTCC’s global trade repository maintains approximately 40 million open OTC positions and processes roughly 280 million messages a week. To learn more, connect with us on LinkedIn, Twitter, YouTube and Facebook.